Improved project invoicing with TimeLog

Project invoicing based on precise time tracking yields better profits, as you are able to invoice more often and can clearly see which projects are most cost-effective.

The core of TimeLog is the business process spanning from time tracking via project management to invoicing. This means that when all registrations are made on the project, it is easy and quick to create invoices based on these registrations.

Let project managers control project invoicing

The advantage of using the invoicing module in TimeLog is that your project managers can make invoice drafts for the bookkeeper. The project manager has the best overview of what customers should be invoiced, and you thereby save time and limit errors in your invoicing.

Another advantage of TimeLogs project invoicing is that the project manager can follow the project economy without logging in to the financial system. This provides a financial overview, and the project manager can have a dialogue with the customer about what is invoiced.

With TimeLogs project invoicing, the project manager gets a unique platform with eight underlying contract types supporting the needs for contract and value management as point of departure. A manageable contracts page makes it easy to create an overview of the progress on the customer’s contracts and in detail manage how the value of produced work is distributed on tasks, employees and deliveries.

Several benefits of project invoicing in TimeLog:

Invoicing is easier and less time consuming, as your invoicing potential is updated

Unlimited number of sub-contracts on project, so you can handle more contract types on one project

You can separate the value of work and costs on the projects and in this way decide how the contract value is distributed between hours and costs.